peterbokma

FB-BUY strategy

Long
NASDAQ:META   Meta Platforms
I feel we may have to move upwards towards the GAP resistance near $ 245.

The selling pressure is slowly turning into buying mode, and this is seen on the indicator below. We are slightly inside cloud (tiny) and I feel it's a sign we may move into it. It is not confirmed of course, but am combining shape and possibilities, and think we may see $ 245 test.

Strategy is BUY current $ 208-212 and place stop-loss below $ 170 for now. Profit order $ 242. (I feel we may not reach $ 265).


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